LeBron James will not be playing in the NBA Finals this year, but he has yet to win a new title: Billionaire.
The 37-year-old Los Angeles Lakers star has officially joined the three-point club, according to Forbes, after earning $ 121.2 million more last year. He is the first active player in the NBA to achieve billionaire status.
The only other NBA star to become a billionaire is Michael Jordan, who did not achieve status until 2014, more than a decade after retiring as a player.
James, who has just closed a two-year, $ 85 million contract with the Lakers, has earned $ 387 million during his career as a player, according to Spotrac. Forbes reports that he has earned an additional $ 900 million in endorsements since joining the league in 2003.
James has embarked on a number of lucrative businesses throughout his 19-year career as a player. In 2016, he signed a lifetime deal with Nike that is rumored to be worth more than $ 1 billion on its own, though the figure was never confirmed by James. It also has a stake in production company SpringHill worth $ 300 million, reports Forbes.
In addition, James has partnerships with chains such as Blaze Pizza, where he is an investor and owns a 10% stake that Forbes estimates is worth $ 30 million. He is an investor in the Fenway Sports Group and saw an unexpected profit from the sale of Beats to Apple in 2014 because he owned a small part of the business.
Forbes also estimates that it owns $ 80 million worth of property, including a nearly $ 37 million 13,000-square-foot mansion in Beverly Hills.
Don’t expect James ’net worth to stop growing soon. The star has just released another All-Star season and is eligible for a two-year, $ 97 million Lakers overtime.
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